News Pathfinder in the News

In this article, we’ll go over a few steps to dial in spending habits and develop an effective budget that you can use as a retirement planning tool. While tracking spending can seem overwhelming at first – following a few simple steps over the course of a few months will result in an effective budget that can be adjusted to meet future goals.

This article discusses a few strategies for managing the tax implications of Required Minimum Distributions and minimizing one’s total lifetime tax paid.

In today’s increasingly data-driven world, protecting your digital identity has never been more important. This article discusses three best practices for increasing online security and protecting your digital identity.

As annual enrollment nears, making informed decisions about your company’s benefits is crucial. This period can be overwhelming for employees due to the many options available and the limited time to assess what suits their needs best. To help you maximize the value of your benefits, here are five key tips to consider during enrollment.

As we approach 2025, several changes will impact employer-sponsored retirement plans like 401(k)s and 403(b)s. These updates stem from SECURE Act 1.0, enacted in December 2019, and SECURE Act 2.0, which became law in late 2022. The Acts introduce various new provisions that will roll out over the coming years. It’s essential for business owners to understand these changes and communicate them effectively to employees to ensure compliance, optimize plan offerings, and keep the plan up to date.

Retirement is a major life shift that needs thorough planning. While saving up for your golden years is key, don’t forget about income planning. A strong income strategy can turn your retirement into a comfortable experience instead of one with financial stress.

A Roth IRA for a minor child is a retirement account established by parents or guardians, where the account is in the child’s name but managed by the parent. This custodial Roth IRA follows the same regulations as a standard Roth IRA. This account allows for early retirement savings and offers significant potential benefits from long-term, tax-free growth over many decades.

One key component in preparing for retirement is preparation on managing your 401(k). A strategic move to consider on this path is rolling over your 401(k), as it can offer several benefits. This article explores the top three reasons why a rollover might enhance your financial well-being in retirement planning.